Used as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of herbicides and plant growth regulators. Its branched aromatic structure with hydroxymethyl groups enables efficient derivatization, making it valuable in creating active ingredients with enhanced lipophilicity and stability. Also employed in the production of specialty polymers and resins where steric hindrance and thermal resistance are required. Its diol functionality allows incorporation into polyesters and polyurethanes, improving mechanical and chemical resistance properties.